Do note that the prices of both crypto had already come down from an even more ridiculous level. Bitcoin was down over 40% and Ethereum was down over 25%.

Of course, this is just a paper experiment. The point isn't to purposely cherry pick the absolute top in cryptos and slam stocks for the relatively lower returns. It is just a singular experiment to show the relative gains between the asset class over a fixed period of time.

I must add that the stock market over the past 3 months has been doing rather well. And well, if cryptos were down 20-40% when we made the comparison and it is still massively outperforming stocks, I think you can reach some sort of conclusion yourself, eh?

Is this a call to invest in cryptos? No, it is not. Just a glimpse at what are the returns that people invested in crypto get for assuming the massive risks in the crypto space.

This is just an experiment and food for thought.

People ask me all the time, am I too late? Yet when the crypto market goes ahead and give all investors - both old and new - a chance to buy in at 50% discounts, everyone is suddenly scared and thinks that we are in the phase of the bubble bursting.

Burst.

Burst.

Burst.

Bubble bubble pop pop.

Burst has become everyone's new favourite word after they have all become financial experts at spotting bubbles.

If you want to check if Bitcoin is in a bubble, visit this post and answer all the questions. You'll be able to find out for yourself.

Search This Blog

About Me

Disclaimer

Any advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. If any products are detailed on this website, you should independently conduct your own due diligence before making any decisions.

gotmoneygothoney.blogspot.com disclaims all and any guarantees, undertakings and warranties, expressed or implied, and shall not be liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or consequential loss or damage) arising out of or in connection with any use or reliance on the information or advice on this site. The reader must accept sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information on this website is no substitute for financial advice.

The author generally receives no forms of compensation or benefit from mentioning any of the products found on this website. Disclosure on holdings or interests will be provided if deemed informative, but it is not obligatory.

The links on this website are provided as a convenience and are for informational purposes only. No infringement of any sort is intended with the purpose of profiteering or malice. The author will remove anything at the request of the owner.

Any intentions contrary to this disclaimer will contain all efforts to be explicitly highlighted.